ON THE HORIZON

ADVANCED SEMICONDUCTOR ENGINEERING INC.: (Symbol: ASX): $135 million of five-year convertible notes, with a $15 million greenshoe; via lead manager Goldman Sachs International; the Taiwanese semiconductor testing firm also plans to sell 60 million American Depositary Shares, which will each represent five ordinary shares with a par value of NT$10 each; timing will be as soon as the registration statement at the Securities and Exchange Commission becomes effective.

RECENT SHELF FILINGS WITH THE SEC:

AMERICAN FINANCIAL GROUP, INC. (Symbol: AFG): $600 million shelf filed June 30 for debt securities, common stock, preferred stock, warrants, depositary shares, stock purchase contracts, stock purchase units and trust preferreds; securities may be issued as convertibles; includes $115 million previously registered but unsold; Cincinnati property and casualty insurer will use proceeds for general corporate purposes.

ARCH CAPITAL GROUP LTD. (Symbol: ACGL): $650 million shelf filed July 2 for common shares, preference shares, unsecured debt securities, depositary shares, warrants, share purchase contracts and share purchase units; securities may be issued as convertibles; includes $12.45 million previously registered but unsold; Hamilton, Bermuda specialty insurer and reinsurer will use proceeds for general corporate purposes.

BRANDYWINE REALTY TRUST (Symbol: BDN): $750 million shelf filed July 1 for preferred shares, common shares, depositary shares, warrants and debt securities; securities may be issued as convertibles; Plymouth Meeting, Pa. office and industrial real estate investment trust will use proceeds for general business purposes.

ENCORE ACQUISITION CO. (Symbol: EAC): $500 million shelf filed June 30 for debt securities including possible add-ons to 6¼% notes due 2014, preferred stock and common stock; securities may be issued as convertibles; includes $162.64 million previously registered but unsold; Fort Worth, Tex. energy company will use proceeds for general corporate purposes.

LENNAR CORP. (Symbol: LNR): $1 billion shelf filed July 2 for class A common stock, class B common stock, preferred stock, participating preferred stock, depositary shares, debt securities and warrants; securities may be issued as convertibles; includes $320 million previously registered but unsold; Miami homebuilder will use proceeds for general corporate purposes.

MACK-CALI REALTY CORP. (Symbol: CLI): $2.5 billion shelf filed July 1 for common stock, preferred stock, depositary shares, warrants and debt securities; securities may be issued as convertibles; includes $574.7 million previously registered but unsold; Cranford, N.J. office and commercial real estate investment trust will use proceeds for general corporate purposes.

MATRIX SERVICE CO. (Symbol: MTRX): $125 million shelf filed July 1 for common stock, preferred stock, debt securities or warrants; securities may be issued as convertibles; Tulsa, Okla. provider of construction, repair and maintenance services to power and petroleum industries will use proceeds for general corporate purposes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.